Monthly Archives: July 2016

TBC Bank has received the “Best Integrated Corporate Bank Site in Central & Eastern Europe 2016” award by Global Finance Magazine for the fourth year running. At the same time, TBC Bank was once again named the “Best Consumer and Corporate Digital Bank in Georgia 2016”. “The most successful retail …

National Bank of Georgia (NBG) starts the large-scale campaign in order to raise financial education. Conference on “Financial Education is Financial Well-Being” has been held with organization and support of NBG and Savings Banks Foundation for International Cooperation – SBFIC. “I am glad watching the hall full, because it means …

Georgia will receive additional 100 million EUR from European Investment Bank. Meeting was held between Municipal Development Fund executive director Juansher Burchuladze, members of Donors Relations and Projects management Unit and EIB representative – Ionas Bistrom, Georgia Koutsiana and Aleksandra Vilkom. During the meeting projects performed based on MDF and …

The Svaneti mountains in the high reaches of Georgia are an incredible sight to behold! Svaneti is the highest region in Georgia. You can find four of the ten highest peaks in the Caucasus here. It’s a land of towering mountain tops and snow capped peaks. Much of the year, …

BGEO Group will directed attracted $350 million from the bond placement in the development of investment projects. Irakli Gilauri, general director of the Group declares, that the sum will be directed in the subsidiary companies, including development of energy projects. “It is important, that it is a long-term capital issued …

Temporary wireless lighting are being installed in Dariali Gorge. According to Road Department, 60 Led lighting poles will be placed in the disaster zone and it will fully illuminate the perimeter, which will become the traffic more safe and conformable. Also, in the case of evacuation, illuminated road will simplify …

Started in 1985 under soviet regime, and still partially incomplete, the massive monument overlooks the caucasian city of Tbilisi. Composed of 30 meter tall columns, the georgian “stonehenge” features the stories of ancient queens, heroes and kings of the kingdom of sakartvelo while the bottom panels depict episodes from the …

JSC “Geo biomedicals” will invest 10 mln GEL in the construction of pharmaceutical plant. There will be employed 50 people in the newly opened enterprise equipped with modern machinery. The Ministry of Economy and Sustainable Development, “State Property Agency” transmitted the 2802 square meters of land located in Tbilisi, Kakheti highway and also 18966 …

Expert Emzar Jgerenaia says that introduction of new regulations and tightening old ones in the tobacco industry is a misunderstanding and populism. It is not correct to oblige any company to remunerate healthcare expenditures for diseased citizens, he said. At this stage it will be an enough measure to ban …

Although deemed a gateway to tobacco and risky in its own right, vaping will prompt more smokers to quit or cut down, a study says. The world may be better off with e-cigarettes than without them. Sort of. Although a slew of studies have found the device serves as a gateway …

Free access to the business lounges of two Georgia airports is now available to holders of Masterсard Platinum® and MasterCard World Elite® cards issued by Georgian banks. Masterсard is granting access to the business lounges at two airports in Georgia – the Tbilisi Shota Rustaveli International Airport and Batumi International …